GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » ActiveCare Inc (OTCPK:ACARQ) » Definitions » Days Payable

ActiveCare (ActiveCare) Days Payable : 408.37 (As of Jun. 2017)


View and export this data going back to . Start your Free Trial

What is ActiveCare Days Payable?

ActiveCare's average Accounts Payable for the three months ended in Jun. 2017 was $3.80 Mil. ActiveCare's Cost of Goods Sold for the three months ended in Jun. 2017 was $0.85 Mil. Hence, ActiveCare's Days Payable for the three months ended in Jun. 2017 was 408.37.

The historical rank and industry rank for ActiveCare's Days Payable or its related term are showing as below:

ACARQ's Days Payable is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 72.46
* Ranked among companies with meaningful Days Payable only.

ActiveCare's Days Payable increased from Jun. 2016 (69.06) to Jun. 2017 (408.37). It may suggest that ActiveCare delayed paying its suppliers.


ActiveCare Days Payable Historical Data

The historical data trend for ActiveCare's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ActiveCare Days Payable Chart

ActiveCare Annual Data
Trend Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Days Payable
Get a 7-Day Free Trial Premium Member Only 227.23 425.85 316.64 317.52 211.89

ActiveCare Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 69.06 116.64 167.60 268.72 408.37

Competitive Comparison of ActiveCare's Days Payable

For the Medical Devices subindustry, ActiveCare's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ActiveCare's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, ActiveCare's Days Payable distribution charts can be found below:

* The bar in red indicates where ActiveCare's Days Payable falls into.



ActiveCare Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

ActiveCare's Days Payable for the fiscal year that ended in Sep. 2016 is calculated as

Days Payable (A: Sep. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2015 ) + Accounts Payable (A: Sep. 2016 )) / count ) / Cost of Goods Sold (A: Sep. 2016 )*Days in Period
=( (4.493 + 1.7) / 2 ) / 5.334*365
=3.0965 / 5.334*365
=211.89

ActiveCare's Days Payable for the quarter that ended in Jun. 2017 is calculated as:

Days Payable (Q: Jun. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2017 ) + Accounts Payable (Q: Jun. 2017 )) / count ) / Cost of Goods Sold (Q: Jun. 2017 )*Days in Period
=( (4.136 + 3.454) / 2 ) / 0.848*365 / 4
=3.795 / 0.848*365 / 4
=408.37

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ActiveCare Days Payable Related Terms

Thank you for viewing the detailed overview of ActiveCare's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


ActiveCare (ActiveCare) Business Description

Traded in Other Exchanges
N/A
Address
1365 West Business Park Drive, Suite 100, Orem, UT, USA, 84058
ActiveCare Inc is engaged in providing products and services to those diagnosed with chronic illnesses, provides real-time visibility to health conditions and risk. The company operates through the single business segment being Chronic Illness Monitoring segment. The Chronic Illness Monitoring segment is engaged in the business of developing, distributing and marketing mobile monitoring of patient vital signs and physical activity to insurance companies, disease management companies, third-party administrators, and self-insured companies. In addition, the company develops ActiveCare solution which is focused on getting diabetic patients to test and manage chronic illness on a regular and real-time basis.
Executives
Mark J Rosenblum director, officer: Chief Executive Officer 3990 SPRING VALLEY ROAD, APT. 1218, DALLAS TX 75244
James Dalton 10 percent owner P O BOX 3621, PARK CITY UT 84060
Eric L Robinson officer: CFO, Gen Counsel, SEC, Treas. 551 EAST INDIAN SPRINGS ROAD, BOUNTIFUL UT 84010
David G Derrick 10 percent owner 1401 NORTH HIGHWAY 89, SUITE 240, FARMINGTON UT 84025
Adp Management Corp 10 percent owner 1401 N HIGHWAY 89, SUITE 240, FARMINGTON UT 84025
Michael G Acton officer: Chief Financial Officer 5095 WEST 2100, SALT LAKE CITY UT 84120

ActiveCare (ActiveCare) Headlines

No Headlines